I got divorced. How will this affect my finances?

Can you be financially prepared for a divorce? Can you divorce yourself from your - or your ex's - financial baggage?

Douglas Goldstein,

Divorce (illustration)
Divorce (illustration)
Thinkstock

Doug Goldstein, CFP and director of Profile Investment Services Ltd., and Lili Vasileff, founder of the financial firm Divorce and Marriage Matters, discussed the financial implications of divorce. They also explore the common mistakes couples make when discussing money.

Lili has advice about establishing communication around finances and on how to take care of yourself financially in the case of divorce.

Eight tips that make financial discussions easier: Doug created a free resource called Money and Marriage to help couples have conversations about their finances. To get the list of eight tips, please download the PDF in today's show notes on the Goldstein on Gelt website.



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